My favorite equation is
$$\frac{16}{64} = \frac{1}{4}.$$
What makes this equation interesting is that canceling the $6$'s yields the correct answer. I realized this in, perhaps, third grade. This was the great rebellion of my youth. Sometime later I generalized this to finding solutions to
$$\frac{pa +b}{pb + c} = \frac{a}{c}.$$
where $p$ is an integer greater than $1$. We require that $a$, $b$, and $c$ are integers between $1$ and $p - 1$, inclusive. Say a solution is trivial if $a = b = c$. Then $p$ is prime if and only if all solutions are trivial. On can also prove that if $p$ is an even integer greater than $2$ then $p - 1$ is prime if and only if every nontrivial solution $(a,b,c)$ has $b = p - 1$.
The key to these results is that if $(a, b, c)$ is a nontrivial solution then the greatest common divisor of $c$ and $p$ is greater than $1$ and the greatest common divisor of $b$ and $p - 1$ is also greater than $1$.
Two other interesting facts are (i) if $(a, b, c)$ is a nontrivial solution then $2a \leq c < b$ and (2) the number of nontrivial solutions is odd if and only if $p$ is the square of an even integer. To prove the latter item it is useful to note that if $(a, b, c)$ is a nontrivial solution then so is $(b - c, b, b - a)$.
For what it is worth I call this demented division.